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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (4016)	5/6/1998 5:31:00 PM
From: funk	Read Replies (1) \| Respond to of 12617

I have been a paying customer at TSC for a little while and had been a frequent user of the free-trial since January. Cramer, I like very much, because he is so quick to admit that he isn't a perfect trader, and is gracious enough to allow anyone who is interested to try and learn from his mistakes (some of them apparently very expensive!) I really like him and I love TSC. But wow did he get me pissed off today! <ggg> thestreet.com here is a snip >>> Okay, now let's switch gears. Let's talk about the rapid Small Order Execution traders, or SOES traders. These are individuals who trade by computer, not human to human. They can press a button and "lift" that Montgomery offering without a problem. They can take 1,000 shares as close to where the news came out as I can. But there is a big difference. They do it anonymously. And they can get away with it. No reciprocal altruism, because they never need anybody. They just prey on the system. And as long as it is legal I guess I will defend their right, although it sure seems silly to me. While I agreed with most of his column, this stuff about altruism really got me cross-threaded. And being called silly; I didn't like that either! <ggg> Steve have you and Cramer been discussing some of this stuff? joking funk